In 2023, the production in the manufacture of structural metal products sector in Italy stood at 16.72 billion euros. Over the past two years, the sector experienced a contraction with year-on-year variations of -3.85% in 2022 and -3.96% in 2023. The last five years saw an average annual decline (CAGR) of 3.88%, reflecting a consistent downward trend since 2018.

Future trends to watch for:

Continuous decline: The forecasted data suggests a persistent decrease with a CAGR of -3.57% by 2028.
Sector adaptation: Potential shifts towards innovative and sustainable practices might alter the declining trend.
External influences: Economic policies, technological advancements, and global market fluctuations could impact future production.